Bank of America posts lowest LCR to date

- Alessandro Aimone
- @aimoneale
- 15 Oct 2018

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Bank of America’s liquidity coverage ratio (LCR) dropped to its lowest level since the bank started reporting the measure in 2017.

The firm’s LCR – which is calculated by dividing its stock of high-quality liquid assets (HQLA) by its total net cash outflows over a 30-day stress period – fell to 120% from 122% in the three months to end-September, and from 126% in the year-ago quarter.

Bank executives said the fall could be related to changes made to its liquidity model.

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